Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Acquired by Anchor Investment Management LLC

Anchor Investment Management LLC increased its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC - Free Report) by 195.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 274,115 shares of the investment management company's stock after acquiring an additional 181,210 shares during the quarter. Anchor Investment Management LLC owned approximately 0.16% of Golub Capital BDC worth $4,142,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Partners Group Holding AG grew its holdings in shares of Golub Capital BDC by 48.2% during the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company's stock worth $30,139,000 after buying an additional 648,855 shares in the last quarter. TCW Group Inc. boosted its position in Golub Capital BDC by 63.0% during the second quarter. TCW Group Inc. now owns 430,702 shares of the investment management company's stock worth $6,766,000 after acquiring an additional 166,480 shares during the last quarter. Northeast Financial Consultants Inc grew its stake in Golub Capital BDC by 151.8% during the 2nd quarter. Northeast Financial Consultants Inc now owns 2,104,195 shares of the investment management company's stock valued at $33,057,000 after acquiring an additional 1,268,442 shares in the last quarter. BBR Partners LLC acquired a new stake in Golub Capital BDC in the 3rd quarter valued at about $655,000. Finally, Baillie Gifford & Co. lifted its stake in Golub Capital BDC by 64.5% in the 2nd quarter. Baillie Gifford & Co. now owns 505,959 shares of the investment management company's stock worth $7,949,000 after purchasing an additional 198,473 shares in the last quarter. 42.38% of the stock is currently owned by hedge funds and other institutional investors.

Golub Capital BDC Trading Down 0.3 %

GBDC stock traded down $0.04 during mid-day trading on Thursday, hitting $15.03. 1,197,171 shares of the company were exchanged, compared to its average volume of 1,176,996. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 1.15. The business has a fifty day simple moving average of $15.33 and a 200-day simple moving average of $15.32. The firm has a market capitalization of $3.97 billion, a P/E ratio of 10.69 and a beta of 0.54.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 9th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 10.38%. The ex-dividend date is Monday, December 9th. Golub Capital BDC's dividend payout ratio (DPR) is 110.64%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on GBDC shares. StockNews.com upgraded Golub Capital BDC from a "sell" rating to a "hold" rating in a research report on Friday, November 29th. Wells Fargo & Company lowered their price target on shares of Golub Capital BDC from $15.50 to $15.00 and set an "equal weight" rating on the stock in a research report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Golub Capital BDC has an average rating of "Moderate Buy" and an average price target of $16.40.

About Golub Capital BDC

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.